Biodiesel Production Falling in Europe, Argentina and Brazil After years of rapid growth, biodiesel production is in decline in some countries. This is not the case in the United States. Congressional renewal of the biodiesel blenders' tax credit and the Environmental Protection Agency's (EPA) decision to increase the biodiesel blend requirement to 1.28 billion gallons will assure major growth in U.S. biodiesel usage in 2013. What is not clear is how much will be imported.Biodiesel production and exports have plummeted in Argentina in recent months. The country's production of biodiesel fell by 35 percent to only 0.43 MMT during October 2012 – January 2013. The main cause of the decline has been a near stoppage of the country's biodiesel...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.